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5 Mars Court

Kristian Miloykovich Buys Industrial Property At 5 Mars Court Montville For $7.25M
SOLDIndustrial

Kristian Miloykovich Buys Industrial Property At 5 Mars Court Montville For $7.25M

5 Mars Court

$7,250,000

$210/SF

Building Size

34,500 SF

Asset Type

Industrial

Closing

Feb 14, 2025

AI

The industrial property located at 5 Mars Court in Montville has been sold for a transaction price of $7,250,000. The asset encompasses a total area of 34,500 square feet, resulting in a price per square foot of $210.

Summary of transaction details:

This transaction highlights the roles of key representatives in the deal, with Goran Matlijoski representing the buyer, Kristian Miloykovich, while Slava Zborovsky represented the seller, Sam Kohen. Both representatives are affiliated with well-known real estate agencies, Keller Williams Realty and Christie's International Real Estate, respectively.

Players

Vyacheslav Zborovsky

Christie's International Real Estate

Broker

$7.3M

vol

1 deal

Broker

Boonton Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.19%

Cash-on-Cash

-0.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93